EdgeVerve Recent Developments
Infosys Finacle pitches Cloud-first banking as well as an connected ecosystem of financial and non-financial entities to take advantage of open banking services for general population at large.
EdgeVerve Overview
Ownership: Public - INFY:NYSE
Employees: 1500
Functional Market: ERP Services and Operations Management, Treasury and Risk Management,
Key Verticals: Banking and Financial Services, ,
EdgeVerve Key Enterprise & Cloud Applications
Finacle on Cloud,
SCORES Analysis
EdgeVerve Strengths
EdgeVerve Systems, a wholly-owned subsidiary of Infosys, develops innovative software products and offers them on premise or as cloud-hosted business platforms.
Its products help businesses develop deeper connections with stakeholders, power continuous innovation and accelerate growth in the digital world.
EdgeVerve Products include: Finacle, its universal banking solution, is the choice of financial institutions across 84 countries and serves over 547 million customers – nearly 16.5 percent of the world’s adult banked population; AssistEdge, its flagship offering in the customer experience and service space, delivers an integrated, cross-channel experience and reduces service intensity by enhancing operational productivity; TradeEdge, a insights-driven sales platform for global brands to accelerate profitable growth in the emerging markets; ProcureEdge, a procurement platform which ensures higher compliance, risk governance, and improves spend visibility in procurement space; and CreditFinanceEdge, a flexibility while delivering integrated primary and special servicing functions, loss mitigation, hard asset management, and litigation tracking in one platform.
As one of the largest IT services companies, Infosys has been on the forefront of technology delivery to a wide range of customers.
Banking and financial services companies have always been a strategic part of Infosys' business with the vertical accounting for nearly $3.0 billion, or one third of Infosys' total revenues of $9.0 billion in fiscal 2015.
EdgeVerve , in turn, has provided Infosys with additional software products and services to better support these banking and financial services clients by meeting their front, middle and back-office requirements.
EdgeVerve treasury solution offers cross asset support as it is built to handle trading, risk management and processing for a broad array of asset classes on a single integrated platform.
Because of Infosys' extensive reach into its growing list of 798 global clients, EdgeVerve is well suited to cross-sell and upsell its portfoio of treasury and risk management products to these major accounts, the majority of whom now spend upward of a million dollars with the firm.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
EdgeVerve Revenues, $M:
| Type/Year | 2015 | 2016 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
EdgeVerve Revenue Breakdown By Type, $M:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
EdgeVerve Enterprise Applications Revenues By Functional Markets, $M:
EdgeVerve Enterprise Applications Revenues By Verticals, $M:
EdgeVerve Revenues By Region, $M
| Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 Enterprise Applications Revenues, $M | 2016 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
EdgeVerve Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
EdgeVerve Customers
No. of Customers: Subscribe
No. of Enterprise Applications Customers: Subscribe
No. of Cloud Customers: Subscribe
No. of Cloud Subscribers: Subscribe
Don't Miss our Customer Database
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
EdgeVerve Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
EdgeVerve Risks
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- Ability to handle internal and external risk and challenges
EdgeVerve Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
EdgeVerve Cloud Infrastructure Insights
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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